Nationstar Launches Capital-Light Servicing Acquisition Structure; Sale of Advances of $3.2B, Potential for Up to $6.3B

Nationstar Mortgage Holdings (NYSE: NSM ) (“Nationstar”) announced today the launch of a new, capital-light servicing acquisition structure. Nationstar Mortgage LLC, a wholly-owned subsidiary, agreed to sell to New Residential (NYSE: NRZ ) and other investors (“NRZ”) servicing advances of $3.2 billion with potential for up to $6.3